Real Estate Gurgaon Projects Update

Month: September, 2014

M3M Royal Regalia – New Launch by M3M at Gurgaon

M3M Group Launched M3M Royal Regalia, Luxury 1 BHK Furnished Residential Suites, Situated In Sector 67 With Access From A 60 Meter Wide Sector Road, Is An Integral Part Of A Nearly 17 Acre Multi – Use/Retail Development. At M3M Royal Regalia Imagine Living Your Life In Uber Ultimate Comfort Of A World-Class Hotel Suite  Fine Dining, Laundromat, Travel Desk, Business Centre, Spa, Gym. All At Your Service.

  • M3M Royal Regalia Unit Sizes from 880 – 980 Sq. Ft.
  • Designed By R204, USA & RSP, Singapore Architects Of World-Class Repute
  • M3M Royal Regalia Integral Part of Nearly 17 Acre Multi-Use Commercial/ Retail Complex Called M3M Urbana Gurgaon.
  • Surrounded By Fine Dining, Shopping, Spas, Entertainment Within The Complex
  • The Insignia – Roof-Top Health Club With Spa, Pool And Lounge
  • Optimal Space Planning
  • Construction In Full Swing
  • Completely Integrated Interiors with Elegant Modern Furnishings To Delight Any ‘Royal’ From Around The World.
  • M3M Royal Regalia Will Give You Unmatched Designer Living.
  • The Interior Design Will Be Crafted By Internationally Renowned Designer.
  • Truly A ‘Royal Regalia’, Fit For Kings
  • Internationally Sized Suites for the Modern Urbanite
  • Prominently Located On Southern Peripheral Road (Golf Course Extension Road) One of The Widest Roads In Gurgaon (90 Meters Wide) And Recently Announced As NH 236

For More Update About M3M Royal Regalia Log on to


DDA Housing Scheme 2014 – Is It Worth The Attention

DDA Housing Scheme 2014 – Is It Worth The Attention.

DDA Housing Scheme 2014 – Is It Worth The Attention

DDA Housing Scheme 2014 – Review of DDA Flats 2014 Scheme

DDA Housing Scheme 2014 has come out with great fanfare. We are hearing about DDA website crashing everyday. People have loads of queries and questions about the scheme. But is the fuzz justified? Is it really that great an opportunity – of a lifetime perhaps? In this article, we present to you a factual analysis so that you can decide for yourself.

Of course, as always, if you like the post, don’t forget to like and share at the end.

What’s on Offer in DDA Housing Scheme 2014?

Total HIG Flats = 21 (Old Inventory only)

Total MIG Flats = 49 (Old Inventory) + 512 (Newly Constructed) = 561

Total LIG Flats = 451 (Old Inventory) + 22627 (Newly Constructed) = 23078

Total Flats in Expandable Housing Scheme Type “A” = 129 (Old Inventory only)

Total Janta Flats = 161 (Old Constructed) + 384 (Newly Constructed) = 545

Total EWS Flats = 700 (Newly Constructed)

Grand Total = 25034 Flats

Some facts about DDA Housing Scheme 2014

  • As you can see from above data, maximum flats are available in LIG, Janta and EWS schemes i.e. 24323 flats out of 25034 flats which means 97% of the total flats are meant for lower income groups.
  • Also, most of these flats are located in under developed areas like narela, sector-34, 35 of rohini etc. Flats in under developed areas and EWS scheme constitute about 21000 which is about 84% of the total inventory of DDA flats.
  • DDA will not execute the conveyance deed in your name for 5 years if you are allotted a flat. This means you cannot sell the flat for 5 years but you can either stay in your flat or get some rental income of you decide to rent it out.

So how should we decide, whether to put money in the DDA lottery? Let’s do some number crunching.

If you don’t like number crunching, you can skip to the Conclusion section in the end.

What Numbers Say?

Let us assume that your budget is Rs. 25 lakhs, you have two choices :

  1. Invest Rs. 25 lakhs in DDA flat with about 1% probability of selection.
  2. Invest Rs. 25 lakhs in another real estate property in NCR, say Noida, Bhiwadi, Ghaziabad etc. with 100% allotment. (If you say, you cannot get a property at this rate in NCR, perhaps you need to do more research).

Now, let us assume that a property in another area in NCR will give you a return of 15% per annum compounded annually.

If you were to invest in DDA flat in 2014 housing scheme, you should be able to make 15% per annum plus some money to cover your interest expense on registration amount. Of course, we have to take the probability of allotment because you will lose 100% of your interest money (on Rs. 1 lakh registration amount) if you are not allotted a flat.

Is it worth playing the lottery then? Let us see.

How much money is at stake

  • Basically, your Rs. 1 lakh registration amount will get locked with DDA for 5-6 months. DDA will pay simple interest @ 8% p.a. if the registration fee is not refunded within 3 months of the closure of this scheme on 9th Oct 2014. Let’s assume, you apply one month before the closure of this scheme i.e. on 9th Sep 2014.
  • You will pay/ lose a total of 4 months of interest. Let us assume that you have taken bank financing @ 12% interest rate. So your interest amount will be 4% of Rs. 1 lakh i.e Rs. 4000, which is at stake. We can call it as “risk amount”.

How much extra money you should make from your DDA investment to justify Risk Amount:

  • Generally, in DDA housing schemes chances of selection are about 1% i.e only 1 in a hundred applications will be allotted a flat. If we do a simple probabilistic decision making calculation, you have to make extra amount of:

Rs. 4000 (risk amount)/ 1% (selection probability) = Rs. 4 lakhs.

  • If you were to sell your flat immediately, you would have to make Rs. 4 lakhs extra from your investment to justify the risk amount of Rs. 4000.

DDA Housing Scheme 2014 investment vs Open market investment:

  • Let’s say you were planning to purchase a flat worth Rs. 25 lakhs from the open market. DDA flat should be priced atleast Rs. 4 lakhs below the market price i.e. at Rs. 21 lakhs in order to justify your risk amount. This means DDA flat should be atleast 16% below market price.
  • Similarly, a flat worth Rs. 20 lakhs in open market should be priced at Rs. 16 lakhs in DDA housing scheme i.e at 20% below market price.
  • We compared current market prices in nearby localities with flats offered in DDA Housing Scheme 2014. Flats in DDA housing scheme are priced at 15-30% below market rate for comparable properties.

Conclusion – Whether to apply for DDA Housing Scheme 2014 or not?

Since, DDA flats are priced at 15-30% below market rate, flats priced at more than Rs. 20 lakhs can easily cover up for the risk amount of interest expense. Therefore, only from numbers perspective, we feel that flats worth more than Rs. 20 lakhs are worth taking the risk for.

However, a real estate decision is not purely a numbers game, hence we present our final conclusion for various scenarios. You can choose a scenario for your situation and decide accordingly.

Scenario 1 – End User

  • LIG, Janta and EWS Flats – This scheme is designed mainly for end users who are looking for budget housing in Delhi. If you have been looking for such an opportunity for long, don’t wait, just apply before the forms go out of stock.
  • MIG and HIG Flats– Flats in MIG and HIG segment are very few and competition may be higher. But still you may get lucky. Go ahead and try your luck.

Scenario 2 – Investment (5 year horizon)

  • Invest in flats which are priced at more than Rs. 20 lakhs to justify blocking your Rs. 1 lakh as registration amount.
  • Avoid under developed areas (mentioned earlier) as these are almost uninhabited as of now. They may take longer than 5 years to develop properly and justify your investment. Visit these areas before blindly filling the form and locking yourself.

Scenario 3 – Investment (8 years + horizon)

  • Invest in any flat priced at more than Rs. 20 lakhs & above. You can expect good returns after 8-9 years when you decide to sell.

Scenario 4 – Investment (Long term rental income)

  • If you are looking to make a long term rental income, this is a good opportunity. However, as stated earlier, many of these flats (more than 80%) are located in under developed areas and may not fetch you great rental returns initially. But from a long term perspective this can be a good source of passive income for you.

Finally, this housing scheme is not meant for short term investors and speculation play. Invest from a long term horizon. Else, you can look for some other opportunities in NCR area with 100% allotment and no luck play.

Useful Links:

Information About Scheme –

Download Brochure – Delhi Housing Scheme 2014 Brochure 

For Further Detail Log on to

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Emaar Mgf Presenting Garden Homes – Duplex Homes With A Private Lawn At Palm Gardens

Emaar Mgf Palm Gardens, Premium Apartments on NH-8, Sector-83 Gurgaon

Emaar Mgf Presenting Garden Homes – Duplex Homes With A Private Lawn At Palm Gardens. Palm Gardens, Located In Sector-83, Gurgaon, Apartment Towers Have Been Planned Around Open Landscaped Spaces And Central Greens Spread Over Almost 8 Acres. With Just 3 Bedroom Apartment Configurations, It Will Have Efficient Floor Plans With Well-Planned Spaces. Facilities Include A Clubhouse With Modern Amenities, Health Club, Bowling Alley, And Swimming Pool With Splash Pool And Evenly Spread Recreational Zones Across The Development. Emaar Mgf Palm Gardens Project Comprises 1080 Unit Of The 3Bhk Apartments & 5 Bhk Duplex Penthouse That Are Spread Over 1720-3750 Sq.Ft And Gives An Excellent View Of The Surroundings And Moreover, It Is A True Place Where Right Atmosphere Is Created.Emaar Mgf Palm Gardens Offers Separate Towers with high-end specifications (Tower 4 &Tower 7)

Emaar Mgf Palm Gardens Feature

  • Superb Location, Best-In-Class Floor Plans.
  • Located At the Important Junction of NH-8 And Dwarka Expressway In Sector 83, Gurgaon
  • Next to the Proposed Metro Station
  • Close Proximity to Gurgaon’s Business District & Delhi
  • Exclusive Gated Master-Planned Community with Efficient Power Back-Up
  • Nearly 8 Acres Of Lush Central Greens
  • Modern Clubhouse with Swimming Pool, Health Club, Bowling Alley, Etc.
  • Environment Friendly Planning With Ample Green Areas and Tree-Lined Streets
  • Recreational Zones With Tennis, Badminton and Basketball Courts
  • Construction in Full Swing by IL&FS Construction Services.
  • Possession will be handed over by July-2016

 For Further Detail Feel Free to Call us at +91-99999-64462, Or Log on to


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